China Financial Daily

Gas and Diesel Price cutting in Shanghai
In the background of that international oil prices continued to fall and fall, some private gas station in Shanghai began to cut their prices quietly. At the same time, the market are also expected strongly the government to cut the gasoline and diesel prices in this month.

Prices-cutting Trend in Gas Stations
With the sharp decline in international oil prices, the supply and demand relationship in domestic gasoline and diesel market has changed. Not only the the wholesale retail and inversion phenomenon was reversed, and domestic wholesale price of diesel gas continued to fall down, as well as the private station began to cut the retail prices of refined oil.

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